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Don’t CHASE a V-Bottom, Do THIS Instead! .. Joseph James #trading
"Don't chase if you see V-bottom" refers to the idea that investors should not rush into buying a stock or other asset just because it has suddenly rebounded strongly after a sharp decline, as this could be a temporary "dead cat bounce" rather than a sustained recovery.
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Welcome to the School Of Trade! "Joseph James is the head-trader and educator at SchoolOfTrade. Known to his students as 'Professor JJ', he is well-known in the industry for his unique style of teaching, and price-action analysis. JJ, as his friends call him, specializes in intra-day trading of Emini, Nasdaq, Crude Oil, Gold & Euro Futures. Along with SPY and QQQ ETFs. Joseph's network of traders & students cover all corners of the industry and reach more than 95 different countries."
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These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or-over-compensated for the impact, if any, of certain market factors, such as liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. Testimonials may not be representative of the experience of other clients. Testimonials are not a guarantee of future performance or success. No compensation is ever paid in exchange for any testimonials. Testimonials have not been independently verified.
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